Matador Resources Company (NYSE:MTDR) Stock Has Average Price Target of $67.20

Shares of Matador Resources Company (NYSE:MTDR) have been assigned an average rating of “Moderate Buy” from the seventeen ratings firms that are covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $67.20.

A number of brokerages have issued reports on MTDR. Scotiabank began coverage on Matador Resources in a research note on Thursday, October 15th. They issued a “sector perform” rating and a $59.00 price objective for the company. Morgan Stanley raised their target price on shares of Matador Resources from $66.00 to $69.00 and gave the company an “equal weight” rating in a report on Thursday, October 15th. KeyCorp lifted their price target on shares of Matador Resources from $68.00 to $73.00 and gave the company an “overweight” rating in a research report on Tuesday, September 15th. Stifel Nicolaus began coverage on Matador Resources in a report on Thursday, September 10th. They issued a “buy” rating and a $66.00 target price on the stock. Finally, Wall Street Zen downgraded Matador Resources from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 17th.

Insider Buying and Selling

In other news, EVP William Elsener purchased 850 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was acquired at an average price of $50.94 per share, with a total value of $43,299.00. Following the purchase, the executive vice president directly owned 114,879 shares of the company’s stock, valued at $5,851,936.26. This represents a 0.75% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Joseph Foran acquired 555 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The stock was bought at an average price of $54.49 per share, with a total value of $30,241.95. Following the completion of the acquisition, the chief executive officer directly owned 4,772 shares of the company’s stock, valued at approximately $260,026.28. This represents a 13.16% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have bought 23,144 shares of company stock worth $1,211,793. Company insiders own 5.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MTDR. Verity Asset Management Inc. purchased a new position in shares of Matador Resources during the 3rd quarter valued at approximately $234,000. Provenance Wealth Advisors LLC acquired a new stake in shares of Matador Resources during the 3rd quarter valued at $173,000. Oregon Public Employees Retirement Fund boosted its holdings in shares of Matador Resources by 0.8% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 24,338 shares of the energy company’s stock worth $1,255,000 after acquiring an additional 200 shares in the last quarter. Vise Technologies Inc. boosted its stake in shares of Matador Resources by 63.9% during the 3rd quarter. Vise Technologies Inc. now owns 13,226 shares of the energy company’s stock worth $682,000 after buying an additional 5,155 shares during the last quarter. Finally, Vaquero Private Wealth Ltd. boosted its stake in Matador Resources by 25.9% in the third quarter. Vaquero Private Wealth Ltd. now owns 19,846 shares of the energy company’s stock valued at $1,024,000 after buying an additional 4,079 shares in the last quarter. 91.98% of the stock is currently owned by institutional investors.

Matador Resources Stock Performance

Shares of MTDR opened at $60.80 on Wednesday. Matador Resources has a 1 year low of $37.14 and a 1 year high of $66.84. The stock has a market capitalization of $7.52 billion, a P/E ratio of 10.43 and a beta of 0.93. The company’s fifty day moving average is $56.67 and its two-hundred day moving average is $54.28. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.62 and a current ratio of 0.65.

Matador Resources (NYSE:MTDR) last released its quarterly earnings data on Wednesday, August 5th. The energy company reported $2.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.53. Matador Resources had a return on equity of 13.18% and a net margin of 19.85%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the previous year, the firm posted $1.53 EPS. The business’s revenue for the quarter was up 32.5% compared to the same quarter last year. On average, sell-side analysts predict that Matador Resources will post 7.94 earnings per share for the current year.

Matador Resources Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Tuesday, November 10th will be paid a dividend of $0.4375 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 2.9%. This is an increase from Matador Resources’s previous quarterly dividend of $0.3750. Matador Resources’s dividend payout ratio is 25.73%.

More Matador Resources News

Here are the key news stories impacting Matador Resources this week:

• Positive Sentiment: Zacks raised its Matador Resources FY2026 EPS estimate to $7.82 from $6.66, while increasing its Q3 2026 estimate to $1.78 from $1.10 and Q4 2026 estimate to $1.89 from $1.42. These revisions suggest stronger near-term earnings expectations. Zacks Research Has Negative Forecast for MTDR Q4 Earnings
• Positive Sentiment: Projected FY2027 EPS increased to $7.82 from $6.92. Zacks also raised estimates for Q1 2027 to $2.13 from $1.68, Q2 2027 to $2.47 from $1.83, and Q3 2027 to $1.81 from $1.76, indicating improved expectations across the year. Matador Resources earnings estimates
• Neutral Sentiment: The current full-year analyst consensus remains approximately $7.83 EPS, meaning the revised FY2026 and FY2027 forecasts are broadly in line with consensus rather than representing a major new surprise.
• Negative Sentiment: Zacks reduced its FY2028 EPS forecast to $7.46 from $7.48 and cut its Q3 2028 estimate to $1.46 from $1.76. The small annual reduction is limited, but the quarterly cut signals some caution about longer-term earnings momentum. Zacks Research Has Negative Forecast for MTDR Q4 Earnings

About Matador Resources

Matador Resources Company (NYSE: MTDR) is an independent energy company engaged in the exploration, development, production and acquisition of oil, natural gas and natural gas liquids. The company focuses primarily on unconventional, or shale, resource plays and operates across both upstream exploration and production and related midstream activities.

Matador’s principal exploration and production operations are located in the Delaware Basin in southeastern New Mexico and West Texas. Its midstream operations, conducted primarily through San Mateo Midstream, provide natural gas gathering and processing, crude oil and produced-water gathering, and water sourcing and disposal services that support the company’s operations and other producers in the region.

Founded in 2003 and headquartered in Dallas, Texas, Matador has historically expanded through development and acquisitions in U.S.